Sefalana�s new Lesotho stores rake in P155m

Chauhan
Chauhan

Local retailer, Sefalana says its recently acquired subsidiary in Lesotho has contributed significantly to the topline accruing revenues of P155 million in the first six months of trading.

Presenting their financial results for the year ended April 30, 2017, Sefalana managing director, Chandra Chauhan said the mountain kingdom’s market has a lot of potential and they are currently exploring other sites in Maseru for additional store opening.

“This acquisition gave us a very strong presence in that market from our first day of trading by increasing the group turnover by P155 million in the first six months of operation.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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